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Showing 1 - 10 of 475 results for "Latter"

Perennial Partners takes over Australian Unity fund

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... Partners has agreed with Australian Unity Funds Management Limited (AUFM) to take over the investment management of the latter's Future of Healthcare Fund. AUFM will also step down as trustee of the fund, with Perennial taking over as trustee. The fund's ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
ASIC has won a case against BPS Financial, following a Federal Court ruling that found the latter guilty of offering 'Qoin Wallet,' a non-cash payment facility that used the 'Qoin' cryptocurrency token, without an Australian Financial Services Licence ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... finance, a Hajj savings fund, an educational fund for schools, and a Janazah (funeral) fund are scheduled for release in the latter half of 2024. Crescent Wealth managing director Talal Yassine said that Salaam's superannuation offerings are designed ...

Plenary Group sells 49% stake to ADQ

KARREN VERGARA  |  MONDAY, 29 APR 2024
... Australian company. ADQ will inject funds into the $32 billion public infrastructure investor, developer, and manager as the latter ramps up its expansion in Australia, the Middle East, Asia, the UK, and Europe. Founded in 2004 by John O'Rourke, Ray ...

Sequoia chair steps down

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... raised against Mr McGowen." On February 6, Sequoia sued McGowen in relation to its acquisition of Informed Investor from the latter and others pursuant to a share purchase deed dated 29 March 2022. "Sequoia alleges that Mr McGowen has breached various ...

ASIC extends ETF class order

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... ASIC Corporations (Relief to facilitate quotation of exchange traded funds on the AQUA Market) 13/721 ([CO 13/721]). The latter will sunset on April 1. The instrument extends the relief to issuers of all types of exchange traded funds (ETFs) and not ...

GQG builds private markets unit on PAC stakes

KARREN VERGARA  |  MONDAY, 18 MAR 2024
GQG Partners is launching a private markets business by acquiring Pacific Current Group's stakes in three fund managers operating in the asset class for US$71.25 million ($108.7bn). The foundations of GQG Private Capital Solutions (PCS) will comprise ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... their funds managed within three Rask investment portfolios through InvestSMART's professionally managed accounts. The latter is providing its back-end administrative, compliance, and technological platform. In an ASX announcement, InvestSMART anticipated ...

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... the AFR claiming US private equity investor Thoma Bravo is eyeing Iress sent investors into a tailspin, bumping up the latter's share price from $7.89 at 3:45pm yesterday, when the piece went online, to a high of $9.06 about 10 minutes later, forcing ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Count has finalised the acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic ...
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